Head of Operational Risk, Investment Management at Vanguard

Melbourne, Victoria, Australia

Vanguard Logo
Not SpecifiedCompensation
Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level
Full TimeJob Type
UnknownVisa
Investment ManagementIndustries

Requirements

  • 10+ years of relevant experience, including leadership in investment and operational risk roles
  • A strong understanding of investment management processes and risk management frameworks
  • A collaborative mindset and commitment to inclusive leadership
  • A degree in a related field; postgraduate qualifications are a plus

Responsibilities

  • Lead and inspire a high-performing team, fostering growth, collaboration, and continuous learning
  • Design and implement robust operational risk frameworks that support global investment activities and drive process improvements
  • Deliver insights through analysis of incident data, risk and control assessments to inform strategic decision-making
  • Engage and influence stakeholders across the business, representing the risk function with clarity and confidence
  • Manage and oversee the design, development, and implementation of investment operational risk management systems and strategies
  • Provide investment operational risk management expertise and analysis across funds in a global environment

Skills

Operational Risk Management
Investment Risk
Risk Frameworks
Risk Assessment
Control Assessment
Incident Analysis
Team Leadership
Stakeholder Engagement
Process Improvement
Data Analysis

Vanguard

Client-owned investment management firm offering low-cost funds

About Vanguard

Vanguard provides financial services with a focus on investment management. The company offers a variety of products, including mutual funds, exchange-traded funds (ETFs), individual retirement accounts (IRAs), and 401k rollovers, aimed at individual investors, financial advisors, and institutions. Vanguard's unique ownership structure means it is owned by its funds, which are in turn owned by the clients, allowing it to prioritize the needs of its investors over external shareholders. This model enables Vanguard to offer low-cost investment options, as it primarily earns revenue through management fees that are generally lower than industry standards. Additionally, Vanguard provides personalized investment advisory services, charging fees based on the assets managed. The company's goal is to help clients grow their wealth and achieve their financial objectives through effective investment strategies, while maintaining a competitive performance track record.

Kline Township, PennsylvaniaHeadquarters
1975Year Founded
SECONDARYCompany Stage
Fintech, Financial ServicesIndustries
10,001+Employees

Benefits

Best-in-class medical, dental & vision coverage
Onsite health clinic & fitness center
Health Smart Rewards program
Vanguard Retirement Savings Plan
Education Benefits
PTO
Family Planning Benefist
Parental leave
Personal development opportunities
Volunteer Time Off

Risks

Competition from AI-driven platforms like Writer challenges Vanguard's traditional advisory services.
Vanguard's stake in Steelcase exposes it to the volatile furniture market.
New active bond ETFs may struggle in a low-yield environment with increasing competition.

Differentiation

Vanguard is client-owned, aligning its interests with investors, unlike traditional firms.
The firm offers low-cost investment products, making it attractive to cost-conscious investors.
Vanguard's ownership structure allows it to focus on long-term investor value.

Upsides

Vanguard's new active bond ETFs offer diversified, low-cost fixed income options.
The acquisition of Steelcase shares diversifies Vanguard's portfolio into the furniture industry.
Launching the International Dividend Growth Fund appeals to investors seeking sustainable dividend growth.

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